The Hindu Business Line : Thursday, February 09, 2006

SEBI cancels Dundee MF registration
ON a request made by Dundee Mutual Fund, SEBI has cancelled the certificate of registration of Dundee Mutual Fund and withdrawn the approval granted to Dundee Investment Management and Research Pvt Ltd to act as the Asset Management Company. ... More

STOCKS

Reliance Comm to get listed by March 10 — Other ADAG listing schedules in February
RELIANCE Communication Ventures Ltd will get listed on the bourses by March 10, according to the Reliance-Anil Dhirubhai Ambani Group (ADAG) release on Wednesday. Two of the other three demerged companies whose control passed hands to the ADAG ... More

HB Stockholdings buys stake in Bell Ceramics, DCM
HB Stockholdings Ltd, along with persons acting in concert, has acquired 5 per cent equity in Bell Ceramics Ltd and DCM Shriram Industries Ltd through stock market purchases, according to a release issued by the company. Bell Ceramics is a ... More

Prajay Engineers allotment
HYDERABAD: Prajay Engineers Syndicate Ltd informed the stock exchanges that it has allotted 4,17,496 equity shares of Rs 10 each fully paid up to Merrill Lynch Capital Markets Espana S.A, an FCCB holder, at a conversion price of Rs 75 per ... More

TECHNICAL ANALYSIS

Volatile movement
WEDNESDAY'S trading activity witnessed volatile movement. However, the sentiment reading of the tradable counters changed to bearish. Bull pressure on Thursday is likely to change the sentiment reading in their favour. On the contrary, the ... More

STOCK MARKETS

Ripple effect from Down Under
SHARE prices of leading steel makers Steel Authority of India (SAIL) and Tata Steel witnessed selling pressure on Wednesday, after Australia's largest steel producer BlueScope Steel, issued profit warning that excess Chinese production was ... More

Tea stocks see revival of interest
THE tea sector, shunned by the stock market for long, seems to be finally brewing a hot cup, thanks to scrips that are rapidly gathering steam. While leading counters such as Tata Tea, Jayshree Tea, Williamson Tea Assam and McLeod Russel have ... More

FOREIGN INSTITUTIONAL INVESTORS

Federal Bank to hike FII investment to 49 pc — Postal ballots sent to shareholders
FEDERAL Bank is seeking shareholders' approval for increasing FII investment in the bank to 49 per cent. "We have already attained the 24 per cent limit in FII investment and would like to move ahead. Greater exposure by FIIs in the bank would ... More

COMMENTARY

Late-hour buying clips Sensex losses
TUESDAY'S strong bullish sentiment, which helped create history, was nowhere to be found in the early hours on Wednesday. The broad market indices opened on a weak note and moved in the red through out the day. A rally in the afternoon hours ... More

PUBLIC OFFER

South India Bank price band
MUMBAI: South Indian Bank has set a price band of Rs 60-66 for its Rs 150-crore public issue. The issue opens on February 10.

VENTURE CAPITAL

Kotak India Real Estate Fund-I raises $100 m
KOTAK Mahindra Realty Fund's close-ended venture capital fund Kotak India Real Estate Fund - I, has closed its domestic tranche raising $100 million (around Rs 440 crore). In addition, the fund has received commitments of $60 million, which is ... More

Stock Quotes
SE Diary

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SC bars DD from airing Fourth Umpire show

LIC Housing loans to get costlier by 50 bps from Friday

World pepper demand-supply disparity widens

PRCL to offer container services on rail tracks

Jet may need aircraft acquisition panel's nod for Air Sahara buyout

ONGC `dry run' in Bengal continues

In Focus

Infrastructure woes stare IT sector

IPO Scams

FDI in retail sector